Tag: hdfc bank
Mintoak acquires rewards fintech ICC Loyalty to expand bank platform in West Asia, Africa
Bengaluru: Merchant payments software company Mintoak has acquired Dubai-headquartered ICC Loyalty in a largely cash-funded deal, adding consumer rewards technology to its bank platform as…
India’s factory output grows 7.3% in June, fastest pace in nearly two years
New Delhi: India’s industrial output grew at its fastest pace in nearly two years in June, driven by a sharp pick-up in manufacturing and electricity…
Easebuzz FY26 revenue rises 10% to Rs 723 crore; profit drops 41%
Pune-based digital payments firm Easebuzz reported a 10% rise in revenues, at Rs 723 crore, for the year ended March 2026, a sharp drop from…
HDFC Bank fines 3 top executives in MSRDC case
HDFC Bank’s board on Monday issued warning letters and levied a ₹1 lakh penalty on three top officials of the bank, after announcing the completion…
RBI likely used dollar deposit surge to cut record FX forward book, economists say
MUMBAI: The Reserve Bank of India has likely used part of the initial inflows from its foreign-currency deposit drive to unwind a portion of its…
Protein inflation surges as costlier fodder pushes up milk, chicken prices
New Delhi: Inflation in protein-rich foods accelerated to 5.3% in June, more than doubling from January, as heatwaves and higher animal feed costs pushed up…
Retail Inflation up to 4.4% on costlier food, transport
New Delhi: India’s retail inflation climbed to 4.4% in June, exceeding the central bank’s 4% target, due to higher food and transport costs, according to…
Retail inflation edges up to 3.9% in May
New Delhi: India’s retail inflation rose to 3.93% year-on-year in May – the highest level under the new 2024 base year series introduced in January…
El Niño clouds loom over kharif crops, farm pay
New Delhi: A disruptive weather event, developing thousands of miles away in the central Pacific Ocean, could significantly weigh on India’s agricultural output, stoke inflation,…
India inflation likely rose to 4% in May as food, fuel costs climb
India’s inflation likely rose to the Reserve Bank of India‘s medium-term target of 4% in May, driven by a pickup in vegetable prices and higher…